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  1. Industrial turnover recovery continues at pace, with 33.8 pct rise in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    Manufacturing PMI in March dropped to 54.6 points, from 57.8 points in February, remaining

    2%

  2. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    to commitments through the remaining profits that are yet to be disbursed and access to NGEU resources

    2%

  3. Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    been completed. There are two main NPE actions remaining codenamed Sunrise 3 and Solar, of 600

    2%

  4. Govt finds devil is in detail for windfall tax on power companies
    Photo via https://flic.kr/p/2jr5z2o

    PoliticsGreek Politics

    that it will be focussing on the remaining 591.45 million euros to determine how much of it to tax

    2%

  5. Tourism jobs deliver highest April hiring balance on record at 124,365
    Photo by MacroPolis

    EconomyMacroeconomy

    , with the remaining classed as layoffs. Both hirings and departures were significantly higher in April

    2%

  6. Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
    Photo by MacroPolis

    EconomyMacroeconomy

    repaying. An additional 130.9 billion relate to the second (EFSF) programme, and the remaining 61.9

    2%

  7. Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets

    PoliticsGreek Politics

    homes by 2029. Covid One of the last remaining Covid restrictions is due to be lifted on June 1

    2%

  8. Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    for roughly 47 percent of the total, with the remaining classed as layoffs. Layoffs doubled compared to last

    2%

  9. High energy prices fuel uncertainty on fiscal front
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyMacroeconomy

    of five units from gas to diesel. All this hinges on LNG storage capacities remaining unaffected

    2%

  10. Fitch leaves rating and outlook unchanged, underlines fiscal performance key to higher grade

    Economy

    Fitch affirmed on Friday Greece’s ‘BB’ credit rating and kept the outlook positive, remaining one notch behind S&P and two notches from investment grade. It is also one notch ahead of Moody’s, which has its own scale and currently stands at ‘Ba3’, not having taken any rating action since the end

    2%